Stone Energy Corporation Announces Public Offering of $400 Million of Additional 7.500% Senior Notes Due 2022

    Stone Energy Corporation Announces Public Offering of $400 Million of
                   Additional 7.500% Senior Notes Due 2022

PR Newswire

LAFAYETTE, La., Nov. 13, 2013

LAFAYETTE, La., Nov. 13, 2013 /PRNewswire/ -- Stone Energy Corporation (NYSE:
SGY) ("Stone") today announced that it intends, subject to market conditions,
to publicly offer $400 million aggregate principal amount of its 7.500% Senior
Notes due 2022 (the "Additional Senior Notes"). The Additional Senior Notes
are being offered as additional notes to Stone's outstanding $300 million
aggregate principal amount of 7.500% Senior Notes due 2022, which Stone sold
in a public offering in November 2012.

The Additional Senior Notes will be fully and unconditionally guaranteed by
Stone Energy Offshore, L.L.C., a wholly-owned subsidiary of Stone.

Stone intends to use the net proceeds from the offering to fund its pending
tender offer and consent solicitation for its existing 8.625% Senior Notes due
2017. Stone expects to close the offering on November 27, 2013, subject to
the satisfaction of customary closing conditions.

BofA Merrill Lynch, Barclays and Wells Fargo Securities are acting as joint
book-running managers for the Additional Senior Notes offering. The offering
is being made only by means of a preliminary prospectus supplement and the
accompanying base prospectus, copies of which may be obtained on the
Securities and Exchange Commission's ("SEC") website at
Alternatively, the underwriters will arrange to send you the preliminary
prospectus supplement and related base prospectus if you request them by
contacting BofA Merrill Lynchat 222 Broadway, 11^th Floor, New York, New York
10038, Attention: Prospectus Department or email, Barclays, c/o Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, NY 11717 or by calling (888) 603-5847 or
e-mail at or Wells Fargo Securities, 550
South Tryon Street, 7th Floor MAC D1086-070, Charlotte, NC 28202, Attn: Client
Support, by telephone (toll-free) at (800) 326-5897 or by email at

This press release shall not constitute an offer to sell or a solicitation of
an offer to buy the Additional Senior Notes  or any other securities, nor
shall there be any sale of the Additional Senior Notes  or any other
securities in any state or jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction. A shelf registration
statement relating to the securities has been filed with the SEC and became
effective October 22, 2012. The offering and sale of the Additional Senior
Notes  will be made pursuant to this effective shelf registration statement.

Forward Looking Statement

Certain statements in this press release are forward-looking and are based
upon Stone's current belief as to the outcome and timing of future events.
All statements, other than statements of historical facts, that address
activities that Stone plans, expects, believes, projects, estimates or
anticipates will, should or may occur in the future, including future
production of oil and gas, future capital expenditures and drilling of wells
and future financial or operating results are forward-looking statements.
Important factors that could cause actual results to differ materially from
those in the forward-looking statements herein include the timing and extent
of changes in commodity prices for oil and gas, operating risks, liquidity
risks, political and regulatory developments and legislation, including
developments and legislation relating to our operations in the Gulf of Mexico
and Appalachia, and other risk factors and known trends and uncertainties as
described in Stone's Annual Report on Form 10-K and Quarterly Reports on Form
10-Q as filed with the SEC. Should one or more of these risks or
uncertainties occur, or should underlying assumptions prove incorrect, Stone's
actual results and plans could differ materially from those expressed in the
forward-looking statements.

Stone Energy is an independent oil and natural gas exploration and production
company headquartered in Lafayette, Louisiana with additional offices in New
Orleans, Houston, Texas and Morgantown, West Virginia. Our business strategy
is to leverage cash flow generated from existing assets to maintain relatively
stable GOM shelf production, profitably grow gas reserves and production in
price-advantaged basins such as Appalachia and the Gulf Coast Basin, and
profitably grow oil reserves and production in the deep water GOM and onshore
oil areas. For additional information, contact Kenneth H. Beer, Chief
Financial Officer, at 337-521-2210 phone, 337-521-9880 fax or via e-mail at


SOURCE Stone Energy Corporation

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